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Emerging MarketsEM LatAm

Belize creditors support coupon capitalisation but debt worries linger

Belize, restructuring, default, coupon, deferral, LatAm, Central America, 575

A group of institutional investors owning Belize’s $526.5m of 2034 bonds said on Thursday that they would support an effort by the government to capitalise the next three coupon payments due on the bond. But some analysts say payment delays are unlikely to cure the country’s debt woes.

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